News

Vietnam offers to remove all tariffs on US imports to avoid President Trump’s tariffs

Vietnam has indeed made an offer to remove all tariffs on U.S. imports as a strategic move to avoid the steep 46% tariffs imposed by President Donald Trump on Vietnamese goods. This development follows a phone call on April 4, 2025, between Trump and Vietnam’s leader, To Lam, which Trump described as “very productive.” During […]

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SEC: Stablecoins pegged 1:1 to USD, fully backed by liquid reserves, are now classified as non-securities

The SEC’s decision to classify stablecoins pegged 1:1 to USD and fully backed by liquid reserves as non-securities is a green light for those specific stablecoins to operate without the heavy securities regulation baggage, which could streamline things for issuers like Circle (USDC) or Tether (USDT), assuming they meet the criteria. The SEC saying stablecoins

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“Bitcoin is becoming a store of value.” – Scott Bessent, Secretary of the U.S. Treasury

Scott Bessent’s statement reflects a growing perspective among some financial experts and policymakers that Bitcoin is evolving into a “store of value”—a type of asset people hold to preserve wealth over time, like gold or real estate. This idea hinges on Bitcoin’s fixed supply (21 million coins), decentralized nature, and increasing adoption by institutions and

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A $20T global industry moves to Avalanche

Watr, the blockchain infrastructure purpose-built for the commodities market, is migrating to an Avalanche L1—bringing metals, minerals, food, and fuel into a composable and programmable future. While massive in scale, the commodities industry has yet to fully benefit from blockchain infrastructure that can enhance liquidity, broaden access, and drive innovation. WatrProtocol is building an onchain

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President Trump said “This would be a PERFECT time for Fed Chairman Jerome Powell to cut Interest Rates.”

President Trump’s statement suggests he believes current economic conditions warrant a reduction in interest rates by the Federal Reserve, led by Chairman Jerome Powell. Interest rate cuts typically aim to stimulate economic activity by making borrowing cheaper, which can boost spending and investment. However, the decision to adjust rates lies with the Fed, which operates

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FED CHAIR JEROME POWELL WILL SPEAK TODAY AT 11:30AM EST

Today, April 4, 2025, Federal Reserve Chair Jerome Powell is scheduled to speak at 11:30 AM EST (which corresponds to 18:30 in Bulgaria). Given the current economic context—marked by uncertainty over U.S. tariffs, inflation concerns, and market volatility—Powell’s remarks are likely to address these pressing issues, offering insights into the Fed’s stance on monetary policy.

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OVER 55 MILLION AMERICANS ARE NOW HOLDING #BITCOIN OR CRYPTO – SURVEY

Recent surveys suggest that cryptocurrency adoption in the U.S. is indeed on the rise. As of early 2025, estimates indicate that over 55 million Americans—roughly 21% of adults—now hold Bitcoin or other cryptocurrencies. This reflects a significant jump from previous years, driven by factors like Bitcoin surpassing $100,000 in late 2024, growing mainstream acceptance, and

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